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Hemisphere Media Group Inc (HMTV.OQ)

HMTV.OQ on NASDAQ Stock Exchange Global Market

12.68USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Hemisphere Media Group finalizes acquisition of 75 pct equity interest in Spanish-Language content distribution company Snap TV
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Hemisphere Media Group Inc ::HEMISPHERE MEDIA GROUP FINALIZES ACQUISITION OF 75% EQUITY INTEREST IN SPANISH-LANGUAGE CONTENT DISTRIBUTION COMPANY SNAP TV.HEMISPHERE MEDIA GROUP INC - ARIEL TOBI, FOUNDER OF SNAP TV, JOINED HEMISPHERE AS SENIOR VICE PRESIDENT OF CONTENT DISTRIBUTION AND PRODUCTION.HEMISPHERE MEDIA GROUP INC - FINALIZED ACQUISITION OF A 75% EQUITY INTEREST IN SNAP GLOBAL, LLC.  Full Article

Hemisphere Media Q2 Revenue $34.8 Million Versus $35.2 Million
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Hemisphere Media Group Inc ::HEMISPHERE MEDIA GROUP ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 REVENUE $34.8 MILLION VERSUS $35.2 MILLION.PROVIDES FULL YEAR 2018 GUIDANCE OF YEAR-OVER-YEAR MID-TEEN PERCENTAGE ADJUSTED EBITDA GROWTH.HEMISPHERE MEDIA GROUP - WAPA'S SIX-WEEK BLACKOUT ON DIRECTV IN PUERTO RICO IMPACTED OUR Q2 REVENUE.QTRLY NET LOSS WAS $5.1 MILLION VERSUS NET INCOME OF $5.2 MILLION.  Full Article

Hemisphere Media Group Posts Quarterly Loss Vs Year-Ago Profit
Friday, 4 May 2018 

May 4 (Reuters) - Hemisphere Media Group Inc ::HEMISPHERE MEDIA GROUP ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 REVENUE $29 MILLION VERSUS $34.2 MILLION.Q1 FINANCIAL RESULTS IMPACTED BY CONTINUED DISRUPTION CAUSED BY HURRICANE MARIA.QTRLY NET LOSS WAS $7.6 MILLION , AS COMPARED TO NET INCOME OF $2.7 MILLION IN COMPARABLE PERIOD IN 2017.HEMISPHERE MEDIA - AS OF MIDNIGHT MAY 4, CO REACHED IMPASSE IN NEGOTIATIONS WITH DIRECTV IN PUERTO RICO REGARDING ITS RETRANSMISSION CONSENT AGREEMENT.REACHED A DEFINITIVE AGREEMENT TO ACQUIRE A 75% INTEREST IN SNAP GLOBAL LLC.FINANCIAL TERMS OF AGREEMENT TO ACQUIRE INTEREST IN SNAP GLOBAL, LLC WERE NOT DISCLOSED.HEMISPHERE MEDIA - DUE TO IMPASSE IN NEGOTIATIONS WITH DIRECTV IN PUERTO RICO, WAPA CURRENTLY NOT BEING BROADCAST IN PUERTO RICO TO DIRECTV CUSTOMERS.HEMISPHERE MEDIA - ALSO SIGNED CO-PRODUCTION JV WITH MAR VISTA ENTERTAINMENT, A MINORITY OWNER OF SNAP TV, TO CO-PRODUCE NEW ORIGINAL MOVIES & SERIES.  Full Article

Hemisphere Media Group announces Q3 revenue of $32.2 mln
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Hemisphere Media Group Inc :Hemisphere Media Group announces third quarter 2017 financial results.Q3 revenue fell 3 percent to $32.2 million.Hemisphere Media Group Inc - ‍Expect that there will be a significant decrease in retransmission revenue in Puerto Rico for Q4​.Hemisphere Media Group Inc - ‍Following hurricanes, there was a steep decline in advertising revenue in Puerto Rico, which continues through today​.Hemisphere Media Group Inc - ‍Net revenues were $32.2 million for three months ended September 30, 2017, a decrease of 3%,.Hemisphere Media - ‍For both advertising & retransmission revenues in Puerto Rico, do not expect significant improvement until power restorations.Hemisphere Media Group Inc - ‍Net income was $0.7 million for three months ended September 30, 2017, a decrease of 84% ​.  Full Article